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moore_94

Premier League cannot take action against the club for exceeding the relevant PSR threshold

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1 minute ago, moore_94 said:

This sounds like they can’t do anything at all?

 

The Appeal Board’s decision effectively means that, despite the club being a member of the League from Seasons 2019/20 to 2022/23, the League cannot take action against the club for exceeding the relevant PSR threshold in respect of the associated accounting periods.

 

https://www.premierleague.com/news/4106719

 

I misread that bit my bad! Can we now go after the league for damages citing the months of misery on here as evidence?lol

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Frankly, i believe man citys  counter action against the pl rulrs has merit.  I suspect the pl are going slow on city as they know they are on a sticky wicket.  Basically the people running the pl are incompetent (yet we know this... look at their inability to run var)

Psr itself is flawed.   It's  ages since Portsmouth were the last pl club to go into admin.

What we need is a rule to prevent rogue owners from gambling and then walki6bg away (like bury).  I would implement a scheme where shareholders provide a bond that they would forfeit if a club goes in to admin.  Say 1million in div 3; 2 million in div 1; 5 million in championship and 40mil in the pl

Edited by foxinsocks
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8 minutes ago, moore_94 said:

https://www.premierleague.com/news/4106719
 

The Premier League is surprised and disappointed by the independent Appeal Board’s decision to uphold an appeal lodged by Leicester City FC regarding the League’s jurisdiction over the club’s alleged breach of its Profitability and Sustainability Rules (PSRs) when the club was a member of the Premier League. 
 

In March this year, the Premier League referred Leicester City to an independent Commission for an alleged breach of PSRs relating to the assessment period ending financial year 2022/23. Once submitted, the club’s financial results demonstrated that it had exceeded the permitted £105million threshold for the relevant period. 
 

Leicester City subsequently challenged the Commission’s authority to hear the case on the grounds of jurisdiction. This challenge was dismissed by the independent Commission (click here to read in full), a decision which Leicester City appealed. 
 

That appeal has been upheld by an independent Appeal Board on the grounds that the club’s accounting period which ended on 30 June 2023, came after the point the club had ceased to be a member of the League. The Appeal Board’s decision effectively means that, despite the club being a member of the League from Seasons 2019/20 to 2022/23, the League cannot take action against the club for exceeding the relevant PSR threshold in respect of the associated accounting periods. Click here to read the full written reasons.

 

The Premier League is very disappointed with the Appeal Board’s decision, and the limited reasons provided for it. The League remains of the view that the original Commission took the right approach in interpreting the rules in a practical and workable way that gives effect to their intended purpose. In overturning the original Commission’s findings, the Premier League considers the Appeal Board’s decision fails to take into account the purpose of the rules, all relevant parts of the PSRs and the need for effective enforcement of alleged breaches to ensure fairness among all clubs. 
 

If the Appeal Board is correct, its decision will have created a situation where any club exceeding the PSR threshold could avoid accountability in these specific circumstances. This is clearly not the intention of the rules.

 

It is of critical importance that the Premier League is able to enforce its rules consistently to maintain the principle of fairness. The League will now consider what further action it can take to ensure this is the case. 
 

Appeal Boards are independent of the Premier League and member clubs and are appointed by the independent Chair of the Premier League Judicial Panel. 


 

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Just now, foxinsocks said:

Frankly,vi believe man virus counter action against the plvrulrs has merit.  I suspect the pl are going slow on city as they know they are on a sticky wicket.  Basically the people runnibgvthe pl are incompetent (yet we know this... look at their inability to run c

Var)

Psr itself is flawed.   It's  ages since Portsmouth were the last pl club to go into admin.

What we need us a section to prevent rouge owners from gambling abdvthenvwalkibg away (like bury).  I would implement a schenecwher shareholder provide a bond that they would goofier if a club goes in to admin.  Say 1million in div 3; 2 million in div 1; 5 million in championship and 40mil in the pl

Have you had a few celebratory sherrys lol

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